Belgium: Copper Powder Market 2024

Copper Powder Market Size in Belgium

The Belgian copper powder market contracted to $X in 2022, dropping by X% against the previous year. Overall, consumption continues to indicate a pronounced slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Copper Powder Production in Belgium

In value terms, copper powder production reduced modestly to $X in 2022 estimated in export price. In general, production, however, saw a mild reduction. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Copper Powder Exports

Exports from Belgium

For the third consecutive year, Belgium recorded growth in overseas shipments of copper powders and flakes, which increased by X% to X tons in 2022. Overall, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, copper powder exports reduced slightly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for copper powder exports from Belgium, with a X% share of total exports. Moreover, copper powder exports to Germany exceeded the volume sent to the second major destination, Saudi Arabia (X tons), more than tenfold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and the United States (X% per year).

In value terms, Germany ($X), Saudi Arabia ($X) and the United States ($X) constituted the largest markets for copper powder exported from Belgium worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average copper powder export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price faced a abrupt descent. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced mixed trend patterns.

Copper Powder Imports

Imports into Belgium

In 2022, supplies from abroad of copper powders and flakes decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted pronounced growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, copper powder imports dropped remarkably to $X in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of copper powder imports to Belgium, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest copper powder suppliers to Belgium, with a combined X% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average copper powder import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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